Purchasing Module

With TABS you have the ability to link working budget to the purchasing process, a feature that sets TABS apart from most traditional budgeting software packages. The level of detail in TABS is extensive yet TABS is intuitive and easy to use with much of the required information self extracting, populating the forms.

Features at a glance

• Complete Purchase Requisition (PR) header information for processing by purchasing.
• Ability to integrate the TABS PR form into existing financial systems.
• System generated approval process based on sign off authority based on management structure rules
• Automatic population of item data into the PR form from the budget component
• Ability to add off-budget items
• Off-budget items are flagged by the system to alert authorizing managers.
• Off-budget items can be tracked and custom reports can be created
• Line item detail includes quantity, description, tax, freight, total cost, requested vendor information and vendor codes plus shipping locations.
• Ability to have multiple ship to locations
• Tracks cash flow by line item, vendor and time frame.
• Requested budget items can be compared to the purchase order and invoice for accuracy